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9165 Collins Avenue In Surf...

Nadim Ashi Of Fort Partners Sells Condo At 9165 Collins Avenue In Surfside For $386.4M
SOLD

Nadim Ashi Of Fort Partners Sells Condo At 9165 Collins Avenue In Surfside For $386.4M

9165 Collins Avenue In Surfside & 9165 Collins Avenue

$386,400,000

Building Size

Asset Type

Closing

May 6, 2026

AI

The property involved in this transaction is a condo located at 9165 Collins Avenue in Surfside. It was sold for a total of $386,400,000, making it a notable sale in the area. The asset is part of Fort Partners’ Seaway North at the Surf Club and consists of 10 units, averaging $38.6 million each, which positions it among the highest-priced condo buildings in Miami-Dade County on a per-unit basis.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $386,400,000
  • Seller: Nadim Ashi - Fort Partners
  • Market: Surfside
  • Average Price per Unit: $38,600,000

This transaction underscores the surging demand for branded beachfront residences associated with the Four Seasons ecosystem. Buyers in this deal are driven by factors such as scarcity, wealth migration, and the Surf Club’s appeal as a status symbol.

Players

Nadim Ashi

Fort Partners

Seller

$2.2B

vol

18 deals

Seller

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.04%

Cash-on-Cash

-0.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93